Duvall’s real estate market a bit of-a-mixed bag
The median list price in Duvall this week is $519,990 is up from last week’s $499,000. Inventory is up an the Market Action Index is trending down recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit.
Supply and Demand
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Price
The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.
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